

The case for a cash-based safety net
As we have explored in our lessons from a pandemic-driven economy posts (here and here) what the multitude of low-wage workers need most is cash.


Who loses most in a pandemic-driven economy
Insightful analysis from McKinsey on the economic consequences of a pandemic-driven economy. Their headline findings are: We estimate that up to 57 million US jobs


The Blanchard recipe for economic revival
As Michigan, almost certainly, faces its most serious economic challenge since the Great Depression, it is worth recalling how Michigan has dealt with previous economic


Pandemic lessons: savings are vital
We are all told that we need to have savings of 3-6 months to deal with emergencies. One of the lessons we are learning from


Jerome Powell on the safety net and work
Federal Reserve Chair Jerome Powell made clear in recent Congressional testimony that a strong safety net is the not the cause of the decline in


Economic lessons from the pandemic
The call to action we co-authored with economic and community development leaders from across the state was released just prior to the pandemic slamming Michigan.